ADVISORY, Nov. 25, 2013 (GLOBE NEWSWIRE) --
Nexstar Broadcasting Group, Inc. [NXST], a leading diversified local media company, celebrates 10 years of trading on the NASDAQ.
In honor of the occasion, Perry Sook, Chairman, President and Chief Executive Officer, will visit the NASDAQ MarketSite in Times Square and ring the Opening Bell.
Nexstar was founded in 1996 for the purpose of acquiring and operating network affiliated television stations in medium sized markets. The company went public in November 2003. Nexstar has grown to become one of the top 15 US Television broadcasters. In the last two years, including acquisitions awaiting regulatory approval, Nexstar has acquired 49 television stations and 2 digital media companies in 10 accretive transactions totaling $826.25 million, nearly doubling the size of its portfolio.
NASDAQ MarketSite – 4 Times Square – 43rd & Broadway – Broadcast Studio
Tuesday, November 26, 2013 – 9:15 a.m. to 9:30 a.m. ET
Joe Jaffoni or Jennifer Neuman
Fiber Line (Encompass Waterfront): 4463
Gal 3C/06C 95.05 degrees West
18 mhz Lower
DL 3811 Vertical
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A live webcast of the NASDAQ Opening Bell will be available at: http://www.nasdaq.com/about/marketsitetowervideo.asx.
To obtain a hi-resolution photograph of the Market Open, please go to http://www.nasdaq.com/reference/marketsite_events.stm and click on the market open of your choice.
About Nexstar Broadcasting Group, Inc. [NXST]:
Nexstar Broadcasting Group is a leading diversified media company that leverages localism to bring new services and value to consumers and advertisers through its traditional media and digital and mobile media platforms. Pro-forma for the completion of all announced transactions Nexstar will own, operate, program or provides sales and other services to 102 television stations and related digital multicast signals reaching 54 markets or approximately 15.5% of all U.S. television households. Nexstar's portfolio includes affiliates of NBC, CBS, ABC, FOX, MyNetworkTV, The CW, Telemundo, MeTV, LATV, Live Well and Bounce TV. Nexstar's 43 community portal websites offer additional hyper-local content and verticals for consumers and advertisers, allowing audiences to choose where, when and how they access content while creating new revenue opportunities.
About NASDAQ OMX Group:
NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 80 marketplaces in 50 countries, and approximately 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,300 listed companies with a market value of over $7 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
Source:The NASDAQ OMX Group, Inc.